One of the most remarkable introductions coming from the blockchain technology is cryptocurrencies. This on its own has led to the development of various cryptocurrency projects.
Blockchain technology and the current blockchain systems which we have today are still faced with issues and challenges that need to be addressed to make the technology more acceptable to the general and broader market of users and consumers.
Some of the issues and challenges which are facing the current blockchain systems include the general challenges which are facing the crypto market today. And these have hindered the successful integration of blockchain into the financial markets.
Some of the challenges are;
• Custody Risks
The crypto market and exchanges today face a huge custody risk as a result of the huge transactions which is carried out on exchanges. These have affected the level of trust in the market especially also resulting from the regular security breaches which have been witnessed on exchanges.
• Regulation
As the crypto market is growing it is also drawing the attention of regulators. This situation is affecting the development of the blockchain system and the market as a decentralized market. The censorship which is coming from central banks and the financial regulators is affecting the growth of the blockchain system for financial markets.
• Possible Falsification and Distortion of Market Data
Another challenge which is facing the crypto market today is the possibility of falsifying market data from centralized exchanges.
To address these challenges requires a solution that will involve the development of a transparent platform which will support custody-free and immutable cryptocurrency trading.
The Atomic Wallet Product and Solution
Atomic Wallet is a decentralized platform for the trading of cryptocurrencies. The platform is based on the blockchain technology. The platform is designed to deal with the challenges which are facing the blockchain systems which we have today.
Atomic Wallet is building a decentralized digital assets exchange using its unique and proprietary engine.
The benefits which the users on the platform would enjoy include the ability to manage their crypto assets on the Atomic Wallet platform. Users can also choose which cryptocurrency node to use on the platform, which blockchain explorer to use and also be able to send assets to other addresses.
Other additional functionality which users would enjoy on the platform includes the implementation of the instant exchange option. Being that the platform is a custody-free solution, users would benefit from the Shapeshift and Changelly instant exchange options.
Atomic Wallet Token Generation Event
Atomic Wallet has developed an ERC20 Ethereum standard token. The symbol of the Atomic Wallet token is AWC which stands for Atomic Wallet Coin. The token has a total token supply of 100,000,000 AWC.
The Atomic Wallet TGE would hold as a private sale and also a public sale. The private sale would happen with private investors before the AWC tokens release.
The public sale would commence on October 1, 2018. The starting price of the sale would be determined on the date the token generation event will commence.
Atomic Wallet Team
The Atomic Wallet team is made up of its CEO Konstantin Gladych and other team members which include the Chief Product Officer Paul Sokolov and the team of advisors.
Conclusion
There is the need to maintain the decentralized nature of the crypto market through the development of a transparent platform for the trading of cryptocurrencies and this is what the Atomic Wallet platform is out to achieve.
website whitepaper telegram twitter reddit bitcointalk ANN github
Author - Coltpython
Bitcointalk
